Don’t miss the latest developments in business and finance.

US markets slip on stimulus withdrawal worries

Image
BS Reporter Mumbai
Last Updated : Jan 20 2013 | 12:09 AM IST

US markets slipped on Wednesday on fears that the Federal Reserve might withdraw stimulus.

The Dow dropped 81 points to 9,749. The Nasdaq moved down 15 points to 2,131.

Indian ADRs were in the red. Patni Computers shed 2% to $17.78.

Infosys, Mahindra Satyam, MTNL and Tata Motors dropped 1.5% each.

ICICI Bank and Sterlite dragged 1.5% each to $35.39 and $15.66, respectively.

However, Dr Reddy's gained 2.3% to $18.5. Genpact added 1% to $12.24.

More From This Section

First Published: Sep 24 2009 | 8:13 AM IST

Next Story